A deal to jointly build an extension of the Turkish Stream gas pipeline across Greece will help Athens to settle its multibillion euro debt to international creditors, President Vladimir ... Read More
Ma Yun, founder and chairman of China’s e-commerce giant Alibaba, speaks during an interview with Xinhua News Agency in Moscow, Russia, June 21, 2015. China’s e-commerce giant Alibaba sees ... Read More
Deutsche Bank AG (DBKGn.DE) is looking into possible money laundering transactions by some of its clients in Russia which could exceed $6 billion, a source familiar with the matter ... Read More
Russia is increasing its gold holdings because gold is a reserve asset that is free from legal and political risks, a senior central banker said on Tuesday. The comments by Dmitry Tulin, who manages monetary policy ... Read More
Since the middle of the last year, the Russian government has been discussing the possible ban and criminalization of digital currency. Some Bitcoin related sites have even been blocked ... Read More
The new BRICS initiatives break the monopoly of existing western institutions over the financial order – a very important symbolic change, as it’s the first time a global financial ... Read More
On 1 June Moscow Exchange will complete the migration from TO to T+1 settlement cycle for Russian federal government bonds known as OFZs. The Exchange will also introduce a liquidity ... Read More
The Central Bank of Russia is taking effective steps to stabilize the national currency and the economic situation as a whole, according to the Deputy Managing Director of the ... Read More
In Russia, even private companies serve at the pleasure of the president, particularly if they pump oil. A decade ago, Vladimir Putin’s allies had Mikhail Khodorkovsky jailed and seized ... Read More
Israeli banks are being required to verify that sanctions are being observed. The Bank of Israel has ordered Israeli banks to establish a policy and rules for working with ... Read More
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